The Indian city of Sirsa is also a municipal council in the eponymous district in Haryana. Sirsa lies in the westernmost region of the state, bordering Punjab and Rajasthan. The history of Sirsa dates back to the time of the Mahabharata. River Sarasvati used to flow through this area at one point in time. Sirsas ancient name was Sairishaka. Many believe that the name got modified over time and eventually became "Sirsa." Another popular belief attributes the derivation of name to the abundance of the Siris (Benth) trees in the surrounding area. Sirsa is one of Indias 250 backward districts and the Backward Regions Grant Fund Programme is currently supporting the city with funds. The city has an air base of the Indian Air Force called sirsa Air Force Station.
IndusInd Bank was founded in 1994 under the chairmanship of Srichand P Hinduja, head of the Hinduja group and a famous NRI. The head office of IndusInd Bank is in Mumbai and offers a wide range of financial products and services. The bank began with a capital amount of Rs.1 billion out of which Rs. 600 million had been raised by the Indian residents and rest of the amount by NRIs.Among the new-generation private banks, IndusInd Bank is the first in India. The bank has its specialization in retail banking, and it keeps on upgrading its support systems through new technologies. It is also expanding its branches all across the country along with the global spread. In 2008-09, the bank tied up with BONY Mellon for online remittances from the US to India. It has received the prestigious ISO 27001 certification for IT operations in 2009-10. It was ranked second in the fastest growing bank category published in the report by the business world and PWC. In 2016, it was featured on Forbes among 50 super companies in India. Mr. Romesh Sobti, the MD, and Chairman won the best CEO award in the year 2018.